Sold Price cut: $140,900 (7/3)
$649,000
3 beds · 1,600 sqft
2240 Forest Drive, Cumming, GA 30041
Overpriced
Priced about $268,507 (71%) above comparable homes. Estimated market value $380,493, based on 6 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
WOW, this Lake house is the one you have been waiting on, South Side of the Lake w/ Deep Water at Dock! Home has a Vegetation Permit w/ gentle slope to dock. Home remodeled down to the frame in 2015. The owner designed this Beautiful Craftsman w/ tons of storage & to take advantage of the views w/ Master on Main w/ Full Bath + Half Bath & laundry. The upstairs has a…
Master on mainPoolBasementNo HOA
Home details
3
Beds
1,600
Sqft
2015
Built
0.28 ac
Lot
2
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,125/morange $1,975 – $2,2753.9% gross yield
Based on 12 similar rentals within a mile (3 recently leased).
Home facts
Payment calculator
$4,626/mo
Principal & interest$3,788
Property taxes$649
Home insurance$189
Down payment$64,900 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Schools
MashburnElementary
Lakeside - ForsythMiddle
Forsyth CentralHigh
Location
61 for sale 9 pending 12 sold
Listed by
Solid Source Realty Inc. · Sold by HARRY NORMAN REALTORS
Source: FMLS · #5832240
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